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Cannabis Canada Weekly: Canadian M&A heating up, Canopy Growth breaks up with Drake - Article

Cannabis Canada Weekly: Canadian M&A heating up, Canopy Growth breaks up with Drake - Article
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One Dance: Drake and Cannabis Company Sever Business Ties

By Martin Berrios
Source: Prince Williams / Getty
Drake touches turns to gold. It has been announced he and the
Canopy Growth Corporation have parted ways.
As reported by
HipHopDX the Toronto, Ontario, Canada native is no longer in business with CGC. For those who need their memories jogged back in November 2019 Drizzy announced a new partnership in the name of the More Life Growth Company. The venture was billed as it being “centered around wellness, discovery, and overall personal growth with the hope of facilitating connections and shared experiences across the globe.”
According to a recent feature in
Bloomberg Canopy has confirmed they are no longer in business with the “God’s Plan” MC. “We have indeed divested from More Life and the facility in Scarborough which had been intended to be part of that agreement is now Canopy Growth’s R&D facility, where we will work on plant science and science development projects,” said ....

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No More Life For Drake's Cannabis Company Partnership

No More Life For Drake s Cannabis Company Partnership
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John Phillips/Getty Images
Drake-helmed More Life Growth Company and Canopy Growth Corporation end their partnership after barely two years together.
Drake had first teased the launch of More Life Growth Company back on November 5th, 2019. Agreements between the two included the details of the Free Smoke rapper holding sixty percent of More Life, while Canopy Growth held the other forty percent. In a press release for the More Life and Canopy Growth team up, Drake stated the idea of being able to build something special in an industry that is ever growing has been inspiring. More Life and More Blessing. ....

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Canopy Growth & Rapper Drake Terminate Cannabis Collaboration, Cannabis Giant Still Has Martha Stewart

When Canadian rapper Drake  ....

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The Week In Cannabis: Amazon, Canopy's Earnings, Africa's Largest Co., Drake, Ashley Benson And More

Another busy week in cannabis saw the stock market post generalized losses, as
Amazon.com Inc. (NASDAQ:AMZN) came out in support of the federal legalization of marijuana, announcing it will drop marijuana testing requirements for some of its workers.
Dave Clark, CEO of Amazon’s worldwide consumer division, said in a blog post that the e-commerce giant will actively support the Marijuana Opportunity Reinvestment and Expungement Act of 2021 (MORE Act), which would decriminalize marijuana at the federal level. The bill was reintroduced in Congress last Friday.
Canopy Growth Corporation (TSX:WEED) (NASDAQ: CGC) reported its fourth quarter and fiscal year 2021 earnings with a net loss for the year amounting to CA$1.7 billion ($1.41 billion), representing a CA$283 million wider loss versus FY 2020. ....

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